Flag Germany / Romania Flag

2020
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Exports
: $17.8B, Rnk 20 / 220

2020
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Top Product
: $1.3B, Motor vehicles; parts and accessories (8701 to 8705)

2020
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Exports
: $15.9B, Rnk 1 / 194

2020
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Top Product
: $2.85B, Motor vehicles; parts and accessories (8701 to 8705)

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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Economic Complexity (ECI)
: ECI 1.01, Rnk 26 / 127

2020
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GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
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 GDP
: $249B, CURRENT US$
Rnk 45 / 195

2010-2020
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GDP GROWTH
: 49.5%, CURRENT US$
Rnk 58 / 195

2020
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GDP PC 
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
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GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

2020
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GDP PC
: $12,896, CURRENT US$
Rnk 62 / 195

2010-2020
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GDP PC GROWTH
: 57%, CURRENT US$
Rnk 25 / 195

Germany-Romania In 2020, Germany exported $17.8B to Romania. The main products that Germany exported to Romania are Motor vehicles; parts and accessories (8701 to 8705) ($1.3B), Cars ($863M), and Packaged Medicaments ($617M). During the last 25 years the exports of Germany to Romania have increased at an annualized rate of 9.73%, from $1.75B in 1995 to $17.8B in 2020.

In 2020, Germany exported services to Romania worth $1.8B, with Other business services ($922M), Transportation ($395M), and Computer and information services ($239M) being the largest in terms of value.

Romania-Germany In 2020, Romania exported $15.9B to Germany. The main products that Romania exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.85B), Electrical Control Boards ($1.31B), and Insulated Wire ($1.25B). During the last 25 years the exports of Romania to Germany have increased at an annualized rate of 9.83%, from $1.52B in 1995 to $15.9B in 2020.

In 2020, Romania exported services to Germany worth $4.3B, with Computer and information services ($1.38B), Transportation ($1.29B), and Other business services ($1.18B) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.01), and 41 in total exports ($73B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $17.8B to Romania. The main products exported from Germany to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($1.3B), Cars ($863M), and Packaged Medicaments ($617M). During the last 25 years the exports of Germany to Romania have increased at an annualized rate of 9.73%, from $1.75B in 1995 to $17.8B in 2020.

In 2020, Romania exported $15.9B to Germany. The main products exported from Romania to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.85B), Electrical Control Boards ($1.31B), and Insulated Wire ($1.25B). During the last 25 years the exports of Romania to Germany have increased at an annualized rate of 9.83%, from $1.52B in 1995 to $15.9B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $116B

Romania
Top Destination
: Germany, $15.9B

This map shows whether countries import more from Germany or Romania. Each country is colored based on the difference in imports they receive from Germany and Romania or the difference in the growth in imports.

In 2019, countries that imported more from Germany than Romania were United States ($116B), China ($106B), and France ($101B).

In 2019, countries that imported more from Romania than Germany were Moldova ($1.03B), Gibraltar ($169M), and Bahrain ($14.8M).

Comparative Advantage Germany - Romania

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Flow

This chart compares trade between Germany and Romania by product, considering products traded by both, Germany and Romania.

During 2020, Germany had a large net trade with Romania in the exports of Machines ($6.44B), Transportation ($2.78B), and Chemical Products ($1.8B).

During 2020, Romania had a large net trade with Germany in the exports of Machines ($6.74B), Transportation ($4.08B), and Metals ($925M).

Bilateral Service Trade

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In 2020, Germany exported services to Romania worth $1.8B, with Other business services ($922M), Transportation ($395M), and Computer and information services ($239M) being the largest in terms of value.

In 2020, Romania exported services to Germany worth $4.3B, with Computer and information services ($1.38B), Transportation ($1.29B), and Other business services ($1.18B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Germany.